The Central Bank of Kenya (CBK) said lenders reviewed Sh849.9 billion of business loans in the period to August. Banks have restructured loans worth Sh1.12 trillion or 38 percent of the total loan book by end of August due to the coronavirus-induced economic hardships that have hurt the borrowers’ ability to repay. Personal and household

Armenia targets western Azerbaijan with artillery fire in morning hours At least 2,300 Armenian soldiers were neutralized in a counterattack launched by Azerbaijani troops to save their occupied territories. In a statement, Azerbaijan’s Defense Ministry said 2,300 Armenian soldiers were killed and wounded since Sept. 27. Also, approximately 130 tanks and armored vehicles, more than

President Donald Trump, left, and Democratic presidential candidate former Vice President Joe Biden, right, with moderator Chris Wallace, center, of Fox News during the first presidential debate Tuesday, Sept. 29, 2020, at Case Western University and Cleveland Clinic, in Cleveland, Ohio. (AP Photo/Patrick Semansky) The first debate between President Donald Trump and Democratic challenger Joe

The death of Sheikh Sabah Al Ahmad Al Sabah, the leader of Kuwait who earned a reputation as a seasoned diplomat and a rare ruler who could cross the region’s political and sectarian divides, drew an outpouring of grief from across the Arab world Tuesday. As news of his death broke, condolence messages streamed in

Mohamed bin Salman, right, is widely believed to have ordered the killing of Khashoggi in 2018 (AFP) A group founded by the murdered Saudi journalist Jamal Khashoggi is set to launch in Washington on Tuesday to carry on his legacy of raising awareness of human rights violations committed by Washington’s allies in the region. According

Antique atrium with several shops and vendors of traditional goods in Istanbul, Turkey on 30 March 2014 [Miguel Virkkunen Carvalho/Flickr] Saudi traders who import goods from Turkey to the kingdom have recently signed pledges for the Saudi Trade Ministry not to import goods from there again, the Twitter account Mujtahidd revealed on Sunday. The Saudi

Central Bank of Kenya. The US has warned Kenya against manipulation of the shilling against the dollar during the ongoing talks for a bilateral trade pact. The US is seeking an undertaking that Kenya will let market forces influence the rate of exchange of the shilling to the dollar as part of the trade agreement.

Photo/Somali Times The Prime Minister of the Federal Republic of Somalia, Mohamed Hussein Roble today received in his office some of the International Ambassadors to Somalia and representatives of the United Nations, the European Union and the African Union. The meeting exchanged views on the situation in the country and how the new government can

Some corpses found among Armenian army casualties found to be mercenaries coming from Syria, say Azerbaijani officials Mercenaries of Armenian origin from Syria have been identified among Armenia’s casualties, Azerbaijan’s Defense Ministry said Monday. Defense Ministry spokesman Anar Eyvazov said in a statement that some of the dead bodies found among the casualties of the

Nubian boys from Aswan, Yahya Khairy Abdel Qader and Muhamad Ahmad [Gehadashraf007/Twitter] Egypt’s public prosecution has announced the release of 68 children arrested since the beginning of the 20 September demonstrations. The announcement has sparked fierce criticism among human rights organisations, who question why children are being arrested and what happened to them in the